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Stock impact report

Arteris Selected by Esperanto Technologies to Integrate RISC-V Processors for High-Performance AI and Machine Learning Solutions

Arteris, Inc. (AIP) 
Company Research Source: GlobeNewswire
CAMPBELL, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced that Esperanto Technologies™, a leading developer of high-performance, energy-efficient artificial intelligence (AI) and high-performance computing (HPC) solutions based on the RISC-V instruction set, has chosen Arteris because of design familiarity with CSRCompiler for automation efficiency, error reduction and its integration capabilities. Esperanto will continue to utilize the SoC software to develop its next generation of energy-efficient solutions for AI inference and HPC workloads for data center and enterprise-edge applications. At the heart of Esperanto’s solutions are its ET-SoC-1 “supercomputer-on-a-chip” which is designed to run Generative AI and HPC workloads with reduced total cost of ownership (TCO) due to its highly energy-efficient operation. This complex SoC integrates over 1,000 energy-eff Show less Read more
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